Media

Media Digest 7/0/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The US did not name China a currency manipulator.

Reuters:   Most money managers don’t believe the U.S. is in a double-dip recession — yet.

Reuters:   The IMF said housing and unemployment could hurt the recovery.

Reuters:   Google Inc. (NASDAQ: GOOG) say it is confident of getting a China license.

Reuters:   Cable companies and TV networks will consider smaller programming bundles for subscribers.Reuters:   KKR plans an shale oil gas exploration business.

Reuters:   Tudor Colony will buy Miramax from The Walt Disney Company (NYSE: DIS).

WSJ:   The US and Russia will swap spies.

WSJ:   BC Partners and Silver Lake Partners have agreed to purchase health care company MultiPlan.

WSJ:   GE (NYSE: GE) faces increased competition in the Chinese market.

WSJ:   The ECB will end support of European bond markets.

WSJ:   Johnson & Johnson (NYSE: JNJ) gave out data on payments to doctors.

WSJ:   The US pressured China on the value of the yuan.

WSJ:   June retail sales were weak.

WSJ:   Facebook will sell ads based on which people have friends with similar interests.

WSJ:   China luxury car sales soared.

WSJ:   Merck & Co. will close plants and fire 16,000 workers.

WSJ:   Europe is keeping most details of bank stress tests secret.

WSJ:   Man Group may start selling investment products in China.

NYT:   The wealthy have begun defaulting on mortgages.

NYT:   HTC is bringing more patent suits against other smartphone makers.

NYT:   Greece voted to overhaul pensions despite objections from unions.

NYT:    Airbus is facing questions about whether its bid for an Air Force tanker contract will be helped because it has European financial support which critics say gives it an unfair advantage over Boeing. (NYSE:BA)

FT:   China’s Huawei will try to make a large equipment sale to Sprint-Nextel (NYSE: S).

FT:   Trichet played down worries about Europe’s economy.

FT:   China is making record purchase of Japan debt.

FT:   Hulu may launch a global pay platform.

Bloomberg:   BP plc (NYSE: BP) debt is staging a comeback in capital markets.

Douglas A. McIntyre

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